06/12/2017 – S&P Emini
September S&P:
1. In today’s (Monday, June 12) Williams edge live meeting (and live trading room) it was noted that continued hourly closes above $2420 would indicate a midsession advance to $2427/$28.
2. Subsequently, the September S&P continued to close hourly above $2420 but waited to complete the forecast $2427/$28 upside target until the last hour of the session (taking longer than expected), and making a swing high of $2427.25. This completes the forecast/trade. Will message any further entry or indication in the September S&P.
David Williams
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.